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Apartments for Rent in Waterloo, IA

41 Rentals Available
Apartments for Rent in Waterloo, IA. 41 Rentals Available
  • a living room with a couch and a ceiling fan
    Today

    150 Rapids Square, Waterloo, IA 50702
    2 BEDS $1,075
  • Waterloo, IA 1205 E San Marnan Studio Apartment for Rent
    Today

    Waterloo, IA 1205 E San Marnan, Waterloo, IA 50702
    STUDIO Ask for Pricing
  • an aerial view of an apartment complex with a parking lot and trees at Union at North Crossing, Iowa
    Today

    3330 E. 4Th Street, Waterloo, IA 50703
    Income Restricted
    1 BED $850
    2 BEDS $1,034
    3 BEDS $1,185
  • a living room with six windows and a table
    Today

    627 Sycamore Street, Waterloo, IA 50703
    Income Restricted
    1 BED $500
    2 BEDS $575
  • a multipurpose room with a table and chairs and a kitchen
    Today

    100 Unity Square, Waterloo, IA 50703
    Income Restricted
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
    4 BEDS Ask for Pricing
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  • More Rentals Near Waterloo, IA

  • 4803 Millenium Drive 3 Beds Apartment for Rent
    Today

    4803 Millenium Drive, Cedar Falls, IA 50613
  • a living room with a couch and a table
    Today

    4426-4606 Ashworth Drive, Cedar Falls, IA 50613
    2 BEDS $1,165
5-2-city
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Getting around in Waterloo, IA

15 /100
Car-Dependent
20 /100
Minimal Transit
52 /100
Bikeable
Walk Score®: 15, Transit Score®: 20, Bike Score®: 52

Frequently asked questions

When were prices and availability in Waterloo, IA last updated?

Prices and availability in Waterloo, IA were last updated on 20 Feb 2026.

What are the best apartments in Waterloo, IA?

The best apartments in Waterloo, IA are: Prairie Rapids, Waterloo, IA 1205 E San Marnan, Union at North Crossing, Marsh Place Apartments and Unity Square Townhomes.

What is the price range for a 1-bedroom apartment in Waterloo, IA?

The price range for a 1-bedroom apartment in Waterloo, IA is between $500 and $850.

What is the price range for a 2-bedroom apartment in Waterloo, IA?

The price range for a 2-bedroom apartment in Waterloo, IA is between $575 and $1,075.

What type of rental buildings are in Waterloo, IA?

In Waterloo, 39% of the residents are renting compared to 61% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 9% of Waterloo's rentals, 49% are small-scale complexes with under 50 units, and 39% are single-family rentals.

What do typical apartment communities look like in Waterloo, IA?

The average age of rental buildings in Waterloo is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Waterloo, IA?

Rental apartments in Waterloo come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Waterloo. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

Living in Waterloo, IA

Lying on the Cedar River in Black Hawk County, Waterloo, IA, is a diverse city with a strong economy, low costs of living and a rich cultural heritage. This small city is home to many industries, including manufacturing, education, health care, and agriculture, making it great for renters looking for employment or furthering their careers. Plus, the city’s location makes it an excellent place for renters who want to be close to major metropolitan areas, like Chicago and Des Moines, while also enjoying the benefits of living in a smaller city. Waterloo renters will experience four distinct seasons — warm summer days for outdoor activities, foliage that changes color in the fall, snow in the winter and flowers blooming in the spring. Average temperatures range between 12°F and 84°F, with moderate precipitation levels in the form of rain and snow.

Renting in Waterloo, IA

Waterloo has a mix of houses and apartments with affordable rents compared to surrounding areas. Prices depend on the location, so areas near the shopping mall have higher rents, while northern parts are where renters can find affordable houses and apartments in Waterloo. Most properties for rent in Waterloo are located in the central region at the intersection of major roads, putting renters close to the main points of interest and transit options. Notably, the Rental Housing Inspection Program mandates that landlords keep the rental units in a habitable state. Renters should pay rent at the beginning of the month, which may or may not include utilities, based on what is agreed upon in the lease. The landlord may also ask for a security deposit and charge a late rent fee, but 30 days’ written notice is needed to increase rent.

Things for renting

Shopping in Waterloo, IA

On the north side of town is Crossroads Center shopping mall. It features a variety of stores, including JCPenney, Macy’s, Sears, Claire’s and a food court. Waterloo also has smaller shopping venues and independently operated stores where renters can buy clothing, antiques, crafts and different items from local vendors. Otherwise, for renters looking for more shopping opportunities, College Square Mall is a short drive from the city and offers a selection of brand stores and national retailers. Major stores in Waterloo where renters can buy everyday necessities include names like Walmart, Target, Aldi, Dollar General, Lowe’s, Menards, and the local Hy-Vee and Fareway Grocery markets. Additionally, Waterloo Urban Farmers’ Market is open year-round and offers locally grown fresh produce, handmade crafts, baked goods, food trucks and more.

Transportation in Waterloo, IA

Waterloo is located at the intersection of U.S. highways 20, 63 and 218, so renters will have a quick commute to surrounding areas. Because of this, a vehicle is the primary means of transportation, although bike and pedestrian areas connect the main points in some neighborhoods. Alternatively, for renters commuting via public transit, the bus system operated by the Cedar Valley Transit Authority has several routes that cover the main areas of the city. Additionally, ride-sharing services, like Uber and Lyft, allow renters to request rides through an app. The city is also home to Waterloo Regional Airport with domestic flights, while Des Moines International Airport is the closest airport offering international flights to the area.

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Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Waterloo, IA. Easily search through a wide selection of apartments for rent in Waterloo, IA, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you're interested in. Browse Waterloo, IA apartments with rents starting from $500 and submit your rental application today!

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